Quote:
Originally Posted by Gulfstream IV  I agree Doug. They are also forgetting that the slump our economy is in right now will eventually end. Look, these times are hard and especially for the airline industry and the financial industry sector. Just imagine what Bear Stearns employees woke up to Monday morning. Their company was bought for $2/share and 75% of those employees lost a lot of money and a lot of them will be layed off. Keep in mind, those folks were not even given any options like Delta's. Personally, I think the airline is doing fine compared to many other sectors of our economy. We need to sit tight ride through the storm, then hopefully things will turn around shortly. |
Yes, sit tight and ride the storm out.
Just know too though, that most of those Bear Sterns employees, make a pretty damn good living off of speculation.
I'm sure each and every one of them (sans janitors - which were probably contracted out anyway) have a nice little nest-egg to get them through the tough times.
Hopefully none of them were living outside of their means. . .
